With major US market indices falling, Tokyo stocks are expected to open with selling leading, following the after-hours decline in Amazon and other US stocks. Once the initial move subsides, the market is expected to await the BOJ.
With earnings announcements continuing in the US market, all major indices are falling and investors are becoming increasingly risk-averse. In particular, Amazon indicated a decline in its share price in after-hours trading following its earnings announcement, prompting comments that developments in the US market could affect the Tokyo market.
The Nikkei average is expected to open under selling pressure in today's Tokyo stock market, with the decline in US stocks likely to weigh as an external factor. Market participants are expected to remain cautious in response while looking for clues to price movements.
There is a view that market developments will diverge after the initial phase subsides, with the focus on the BOJ. Investors continue to await the BOJ's policy decision and announcement, while watching developments ahead.